COMMERCIAL LINES

With the free trade agreement (NAFTA) in full force, we've seen a substantial increase of foreign investment from the US and Canada into Mexico; this in addition to the traditional investments from Europe and the Far East (Japan, Korea and China).

Our commercial lines department has the knowledge and expertise (of more than 25 years) to help your client's needs with local admitted Mexican insurance for operations like: manufacturing, assembly, warehousing, hospitality, contractors, transportation, commercial auto, etc. We can arrange insurance for a single/specific project in Mexico to a full/complete manufacturing or course of construction operation. Also we have several markets for inter-country transportation of goods between the USA and Mexico.

The different insurance coverage's we handle are as follows:



Property:

Package policies for risks with physical locations in Mexico. Coverage includes All Risk (Mexican form) and Catastrophic Perils (Wind/Flood/Earthquake) available in all parts of Mexico. We can also obtain Business Interruption/Time Element coverage for either the Mexican entity, as well as the US/Foreign parent company (Contingent BI).

Application

Sample Forms



Casualty:

Liability coverage for damages to Third Parties in Mexico (Mexican jurisdiction). Coverage includes Premises/Operations, Products/Completed Operations, Tenant's/Fire Legal, etc. Other products available are: Excess auto liability, Pollution liability, Passenger liability, Professional liability, E&O, D&O and Liability with Worldwide jurisdiction (for suits outside Mexico).

Application

Sample Forms



Transit:

Insurance for shipments (by air, land or water) to & from Mexico. Coverage can be provided by individual trip policies or annual policies subject to forecast/audit. Stand-alone transit policies are available, without any other supporting line of business.

Application

Sample Forms



Technical Lines:

Includes coverage for: Course of Construction (COC/CAR), Contractors/Mobile equipment, Machinery & Equipment Installation, Boiler & Machinery Breakdown, EDP/Electronic equipment, Luminous signs & Glass breakage.

Application

Sample Forms



Crime:

Crime exposures in Mexico can be covered with the following: Burglary, Money, Electronic Fraud, & Securities and Employee dishonesty.

Application



Commercial Auto:

Coverage for commercial vehicles in Mexico, either with foreign license plates (Tourist Auto) or with Mexican license plates (Resident auto). Blanket and fleet policies are available. We can also cover auto liability for commercial Mexican vehicles that cross into the USA (Non-Resident auto).

Application



PERSONAL LINES

As an experience broker, we focus in providing real expertise in each sector that we work and even though we have access to a vast majority of Insurance Markets, we have made a business decision to provide our clients with products suitable to their insurance needs.

In addition, we have aimed our efforts to certain niches areas, where we have been able to develop tailor made online insurance solutions for our clients.


Homeowners

Protect your financial investment against disasters with an adequate insurance coverage, either for your home, condo or your belongings when renting a property any where in the Republic of Mexico.

Application



Resident Auto

Obtain personal or commercial auto insurance for Mexican plated vehicles or trucks within the Republic of Mexico; the products are designed to properly meet our clients' needs.

Application



Non-Resident Auto

We offer coverage for Mexican plated vehicles or trucks entering the US either for pleasure or business. This coverage provides only liability insurance.

Application



Personal Tourist Auto

Obtain auto insurance for USA or Canadian vehicles, SUV's, RV's or Motorcycles when visiting Mexico. Coverage is available for one day up to a year and can be customized depending our client's needs.

Application



Aircraft Insurance

Obtain the require Aircraft Liability Insurance for Mexico when entering with an alien register aircraft.

Application



Boat-Yacht Insurance

We can provide Hull and Liability Insurance for both, Mexican and US register boats and yachts. For US register boats and yachts we have an online solution to obtain the required liability insurance requested from the Mexican authorities.

Application

Additionally, our experience and knowledge has allowed us to aimed at niche areas where we can tailor made insurance products as well online insurance solutions for our clients.


BENEFITS

In Mexico we have a Social Medical Insurance (known as IMSS, which is part of Mexico's Social Security System) and all employees must be covered under this program. However this system is underfunded, which causes problems with service and attention. A widely used alternative are private Major Medical Insurance (MMI) programs which cover all medical expenses as a consequence of a covered illness or accident, when such costs exceeds the established deductible.

These MMI programs are very valued by employees as a fringe benefit, due to the service problems they encounter with the IMSS.

Major Medical Insurance
There are several different programs that provide coverage anywhere in Mexico and emergencies while traveling abroad. We work with major carriers, which have special programs for groups and individuals.

Life
We have many options for Life coverage that range from a Term Life policy to Pension plans. Also, on group Life we have special plans based on group experience, with different sums insured, etc.

Application


 

BONDS

We handle all types of Bonds such as Performance, Bid, Good Quality & Hidden Vices, or to warranty any type of obligation. We will work with you to obtain the best conditions for the collateral warranty.



LOSS CONTROL (RISK MANAGEMENT)

We can assist you with local claims handling. Claim procedures in Mexico are different than in the USA, therefore we can help you with all the paper work and the filing process with the insurance company and/or adjuster.

We can design a loss control program according to our Insured needs, in addition to physical inspections to locations in Mexico including Risk Management recommendations. We also have logistic procedures for inland transit exposures.




MacAfee & Edwards   © 2011